September 30, 2008
One of the world’s richest men, Mexican telephone tycoon Carlos Slim, linked up with the world’s best-known microfinance guru on Monday in a bid to help poor families out of poverty.
Slim and Bangladeshi Nobel Peace Prize laureate Muhammad Yunus plan to form a lending institution that in a first phase will give out more than 80,000 loans, mostly focused on women, to get them up Read more...
Tags: Carlos Slim, lending institution, Muhammad Yunus, Nobel PrizeRural Women
September 4, 2008
[youtube=http://www.youtube.com/watch?v=mQ030y37uMQ]Norwegian telecom operator Telenor, which recently tightened ethical procedures in Bangladesh, still has sub-contractors there using child labour, Read more...
Tags: child labour, GrameenPhone, Muhammad Yunus, Nobel, Norwegian media, Telenor, TV2 NyhetskanalKnowledge for Development, Opinion
March 31, 2008
Nobel laureate Muhammad Yunus on Monday unveiled a deal between his pioneering Grameen bank and French group Veolia Environment to provide clean water to poor rural communities in Bangladesh.
The Bangladeshi economist also sought support from President Nicolas Sarkozy for creating more microcredit schemes to fight poverty, particularly in Africa.
“I wanted to make him understand how effective a tool microcredit is in helping the poor Read more...
Tags: Grameen Bank, Grameen-Veolia, Muhammad Yunus, Nicolas Sarkozy, Nobel laureate, Veolia EnvironmentDevelopment
January 19, 2008
Nobel Peace Prize winner Muhammad Yunus founded a bank that has helped 7.5 million beggars and borrowers escape
abject poverty in his native Bangladesh.Speaking to about 1800 people this week, he encouraged them to do what they could to change the world by using business techniques to solve everything from poverty to pollution.
“We can create a world where there will be no poor persons at all,” Yunus told students, non- profit organisers and members of the Bangladesh- American Society of Greater Houston.
Yunus recently wrote Creating a World Without Poverty: Social Business and the Future of Capitalism. In it he suggests that people create businesses with a societal motive, offering health insurance, cheque-cashing services or bank accounts for the Read more...
Tags: American Society, Grameen Bank, Muhammad Yunus, Nobel Peace PrizeKnowledge for Development